Trending Now - FTC Reveals $2.1 Billion Lost to Social Media Scams in 2025

WHO:

CNET - The FTC reported that Facebook was the most popular platform for social media scammers.

NO_NEW_FACTS

Techmeme - The Federal Trade Commission (FTC) reported on social media scams affecting American consumers.

WHAT:

Techmeme - Americans reported losing $2.1 billion to social media scams in 2025.

Techmeme - Scams originating on Facebook accounted for $794 million of the total losses, more than any other platform.

TechCrunch - Losses from social media scams increased eightfold compared to previous years.

WHERE:

Techmeme - The report pertains to American consumers.

WHEN:

Techmeme - The reported losses occurred in 2025.

WHY:

Techmeme - The most common types of scams included love, investment, and shopping scams.

HOW:

TechCrunch - Social media scams resulted in higher losses than any other method used by scammers to contact consumers.

(UPDATED April 28, 2026 04:14 UTC)

The Federal Trade Commission has reported that Facebook has emerged as the most popular platform for social media scammers. This finding highlights ongoing concerns about online safety and the challenges users face in navigating social media. As scams continue to evolve, awareness and vigilance remain crucial for users on these platforms.

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(UPDATED April 28, 2026 01:30 UTC)

The Federal Trade Commission has reported that Americans lost a staggering $2.1 billion to social media scams in 2025, with scams originating on Facebook accounting for $794 million of that total. This marks an eightfold increase in losses compared to previous years, with the most common scams being love, investment, and shopping scams. Notably, social media scams have proven to be more financially damaging than any other methods used by scammers to reach consumers.